Linking multisectoral economic models and consumption surveys for the European Union

Multisectoral models usually have a single representative household. However, more diversity of household types is needed to analyse the effects of multiple phenomena (i.e. ageing, gender inequality, distributional income impact, etc.). Household consumption surveys microdata is a rich data source f...

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Detalles Bibliográficos
Autores: Cazcarro, I., Amores, A.F., Arto Olaizola, Ignacio, Kratena, K.
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Universidad del País Vasco
Repositorio:Addi. Archivo Digital para la Docencia y la Investigación
OAI Identifier:oai:addi.ehu.eus:10810/55221
Acceso en línea:http://hdl.handle.net/10810/55221
Access Level:acceso abierto
Palabra clave:contingency bridge matrices
CPA-COICOP
EU28
Household budget surveys
Descripción
Sumario:Multisectoral models usually have a single representative household. However, more diversity of household types is needed to analyse the effects of multiple phenomena (i.e. ageing, gender inequality, distributional income impact, etc.). Household consumption surveys microdata is a rich data source for these types of analysis. However, feeding multisectoral models with this type of information is not simple and recent studies show how even slightly inaccurate procedures might result in significantly biased results. This paper presents the full procedure for feeding household consumption microdata into macroeconomic models and for the first time provides in a systematic way an estimation of the bridge matrices needed to link European Union Household Budget Surveys microdata with the most popular multi-regional input output frameworks (e.g. Eurostat, WIOD, EORA, OECD). © 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.